A Defined Benefit (DB) Scheme is a traditional type of employer-sponsored pension plan that promises a specific, pre-determined income to employees upon retirement. This income is typically calculated using a formula based on factors like the employee’s salary history, years of service, and age.
Unlike the more common Defined Contribution (DC) schemes (like the Retirement Savings Account – RSA), where the final retirement benefit depends on contributions and investment returns, a DB scheme clearly outlines the benefit an employee will receive.

This page is designed for Employers, Trustees, and Scheme Administrators seeking expert management and support for their existing Defined Benefit Schemes. At Parthian Pensions, we understand the unique responsibilities and complexities involved, and we’re here to provide reliable solutions.